skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Global Search Configuration

Sharp drop in world output improves price outlook:

Benchmark May raw sugar futures rose to a 3-1/2-month high of 13.42¢/lb in February 2019 with fund short covering against the backdrop of gains in crude oil, which hit 2019 highs, helping fuel the advance in sugar. Higher oil prices increase the profitability of ethanol production in Brazil, which in turn could keep the expected rise in sugar production in Brazil's Centre/South in 2019/20 in check. May white sugar also hit a 3-1/2-month peak of USD361.60 a tonne.

It is against this background that we present our quarterly update of the world sugar production estimate for 2018/19 on a local crop year basis. Our numbers indicate that global production in 2018/19 may fall by 15.0 mln tonnes to 186.2 mln. This would be a slightly smaller drop than the 15.5 mln tonne reduction assumed in November. This is due to an upward revision of the crop out-look in India and Brazil which more than offset some reductions else-where including a 260,000 tonne reduction for the European Union. 


Read full article


Click below to access our insightful update of the world sugar production estimate for 2018/19 (on local crop year basis). Access our World Sugar Production forecasts including both regional and country specific highlights notably the BRICS, African growing economies including Egypt and Ethiopia as well as North America and Central America's largest producers namely the US, Mexico and Guatemala.

IEG Vu: Sugar | Agribusiness Intelligence

IEG Policy Channels

EU Food Law | Agribusiness Intelligence

IEG Policy - EU Food Law

Market-leading information on European food legislation and policy. Powered by content from EU Food Law.

Key benefits:

  • Latest news
  • Eurofood Monitor
  • Email alerts
IEG Policy | Agribusiness Intelligence

IEG Policy - US Food Policy

The leading independent source of news and analysis on US food regulation. Powered by content from Food Chemical News.

Key benefits:

  • Latest news
  • Food Chemical Database
  • Ask the Analyst
IEG Policy | Agribusiness Intelligence

IEG Policy - US Agriculture

News, insight and analysis on agriculture and regulatory developments that impact your business or organization. Powered by content from Issue Monitor.

Key benefits:

  • Latest news
  • Ask the Analyst
  • Deep background
Agra Europe | Agribusiness Intelligence

IEG Policy - EU Agriculture

Unparalleled coverage of EU agricultural policy and agri-business. Powered by content from Agra Europe.

Key benefits:

  • Latest news
  • CAP Monitor
  • Trade intelligence at a glance

What do you need to know? Speak to our team today.

Receive a free demo tailored to your information needs. See how our solutions and expertise give you an advantage.
If you have any questions about our services or would like to know how we can assist your business, please request a callback via the button below. See how our solutions and expertise gives you an advantage.
See how we help organizations around the world gain a competitive advantage through our broad yet expert coverage of the Agribusiness value chain.
If you currently subscribe to any of our services, you can login via the link below and find more information about our full range of services.